Mining News Releases & Company Updates - Page 90
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Honey Badger Silver Announces Closing of First Tranche of Non-Brokered Private Placement Raising Gross Proceeds of Approximately $2.013 Million
Honey Badger Silver raised $2.013M via private placements to fund exploration in Canada’s northern territories.
Dios Sells K2 to Azimut
Dios explores gold at its Heberto-Gold project; sells K2 property to Azimut for cash and shares, retaining a royalty. Focus on discovering a world-class gold deposit.
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Excellon Announces Appointment of Mike Hoffman to Board of Directors and Provides Corporate Update
Excellon Resources appoints mining veteran Mike Hoffman to its Board to enhance governance and support growth and production strategies.
Arya Resources Ltd. Engages CHF Capital Markets Inc.
Arya Resources partners with CHF Capital Markets for 12 months to boost investor relations, marketing, and capital markets advisory, with an option for share purchase.
Nevada Organic Phosphate Announces Stock Option Grant and Compensation Shares Issuance
Nevada Organic Phosphate granted stock options and issued shares as bonuses, including a related party transaction, to key personnel.
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C3 Metals Further Expands Khaleesi Copper-Gold Mineralization in Peru Latest Rock Samples Return up to 1.80% Copper, 4.4 g/t Gold, and 403 ppm Molybdenum
C3 Metals Inc. announced positive results from a surface mapping and rock sampling program at its Khaleesi copper-gold project in Peru, identifying significant copper, gold, and molybdenum mineralization. The company plans further geochemical and geophysical studies ahead of drilling.
Midnight Sun Completes Exploration Program at Kazhiba
Midnight Sun Mining Corporation announced the completion of its exploration program at the Kazhiba Target in Zambia, including RC drilling, an IP survey, and ionic leach sampling. This marks a significant milestone, and the company awaits assay results to guide future steps.
Kodiak Copper - Annual Investor Letter
Kodiak Copper Corp. reports successful exploration at its MPD Project in British Columbia, with high-grade results and plans to develop a mineral resource in 2025. The company highlights advancements, strong potential, and strategic location, while inviting investors to view their new VRIFY model.
Mistango Appoints Charles Beaudry as VP Exploration
Mistango River Resources Inc. has appointed Charles Beaudry as Vice President of Exploration. He aims to enhance underutilized projects in Kirkland Lake, align resources with rising gold prices, and pursue consolidation opportunities to create shareholder value.
District Signs Definitive Agreement to Acquire 2.0% NSR Royalty on Viken Energy Metals Deposit in Sweden
District Metals Corp. has entered into a royalty purchase agreement to acquire a 2.0% NSR royalty on its Viken Deposit in Sweden, making it royalty-free. The purchase involves issuing 500,000 shares and is pending TSXV approval. The Viken Deposit contains critical energy metals.
Advanced Gold Exploration Announces Private Placement
Advanced Gold Exploration Inc. announced a non-brokered private placement to issue up to 2 million flow-through units and 2 million non-flow-through units at $0.025 each, aiming for $100,000 in gross proceeds for exploration and corporate purposes.
CanCambria Energy Corp Announces Non-Brokered Private Placement
CanCambria Energy Corp plans to issue up to 7 million units at $0.50 each, raising up to $3.5 million through a private placement. Proceeds will fund the Kiskunhalas Project in Hungary and support corporate needs, pending regulatory approvals.
Maritime Announces Sale of Lac Pelletier Project to Emperor Metals
Maritime Resources Corp. announced the sale of its Lac Pelletier gold project to Emperor Metals Inc. for 12.5 million shares, aiming to enhance shareholder value by divesting non-core assets and focusing on projects in Newfoundland and Labrador.
Emperor Metals Proposes to Acquire Lac Pelletier Property, Quebec
Emperor Metals Inc. has signed a property purchase agreement to acquire the undersurface rights of the Lac Pelletier Property in Quebec from Maritime Resources Corp. for 12.5 million shares. The property, adjacent to Agnico Eagle's Wasamac Gold Deposit, has significant historical mineral resources.
Equinox Gold Extends Fazenda Mine Life by Seven Years with Updated Mineral Reserve and Mineral Resource Estimate
Equinox Gold Corp. announces an updated mineral reserve estimate for its Fazenda Mine in Brazil, extending its life to 2033. Reserves increased 142% to 763 koz of gold, while resources rose 418% to 1.524 Moz. A 60,000 m drilling program is planned for 2025.
Spark Energy Commences 2025 Field Program at the Arapaima Lithium Project in Brazil's Lithium Valley
Spark Energy Minerals Inc. has begun its 2025 exploration program at the Arapaima Lithium project in Brazil's Lithium Valley, focusing on three priority targets identified in 2024. The company aims to continue exploration and has engaged experts for support and reporting.
Canada Rare Earth Obtains Rights to Acquire a Permitted Rare Earth Refinery
Canada Rare Earth Corp. has signed a Memorandum of Understanding to acquire 70% of a Laos-based rare earth refinery, which has a capacity of 3,000 tpy. The refinery, previously inactive due to policy changes, is set for refurbishment and operation, supported by the Lao government.
Auric Minerals Announces Option Agreement for BUB Uranium Property in Labrador Central Mineral Belt
Auric Minerals Corp. has signed an option agreement to acquire a 100% interest in the BUB Uranium Property in Labrador, enhancing its position in the Central Mineral Belt. The company plans to advance its exploration efforts in 2025 following this acquisition.
Southern Silver Extends Closing of Non-Brokered Private Placement
Southern Silver Exploration Corp. has received a 30-day extension from the TSX Venture Exchange to close a non-brokered private placement of up to 10 million units at $0.22 each, raising $2.2 million for advancing the Cerro Las Minitas project and corporate purposes.
Pacific Bay Minerals Ltd Signs Letter of Intent to Acquire 14,596 Hectare Gold Property in Alagoas State, Brazil
Pacific Bay Minerals Ltd has signed a non-binding Letter of Intent with Appian Capital Advisory LLP to acquire the Pereira-Velho gold prospect in Brazil, covering 14,596 hectares. The project is seen as having significant economic potential and strategic value.
Kapa Gold Advances Baseline Studies and Surface Exploration at Blackhawk Project
Kapa Gold Inc. is advancing its Blackhawk Gold Project in preparation for a 2025 drilling program, focusing on environmental reviews, sample collection, and historical data verification. The efforts aim to confirm gold presence, ensure compliance with environmental standards, and refine exploration strategies.
Aftermath Silver Makes Early US$2.9-million Property Payment to EMX Royalty Corp for Berenguela Project Ag-Cu-Mn, Peru
Aftermath Silver Ltd. updates on its Berenguela project in Peru, announcing a third property payment made early, reducing future obligations to $2.9 million. The company aims to complete a Preliminary Economic Assessment and revise mineral resource estimates following recent drilling.
Sitka Drills 85.0 Metres of 1.12 Grams per Tonne Gold and Reviews 2024 Highlights at the RC Gold Project in Yukon
Sitka Gold Corp. reports successful 2024 exploration at its RC Gold Project in Yukon, highlighting significant gold mineralization from extensive diamond drilling, particularly at the Blackjack deposit and new Rhosgobel and Pukelman intrusions, with promising assay results.
Dolly Varden Silver's 120 Meter Step-Out at the Wolf Vein Intersects 379 g/t Silver over 21.69 Meters, Including: 1,804 g/t Silver over 1.67 Meters
Dolly Varden Silver Corporation announced significant drilling results from the Wolf Vein, highlighting a 120-meter step-out intersecting high-grade silver. The results show consistent mineralization, with plans for further expansion drilling in 2025.
Ridgeline Minerals Stakes High-Grade, Carlin-Type Gold Project in Nevada
Ridgeline Minerals Corp. has staked the Atlas Gold Project in Eureka County, Nevada, consisting of 59 claims over 1,219 acres, with significant gold potential. The project is 100% owned by Ridgeline and has no underlying obligations, showcasing exploration opportunities in a prolific region.
Northern Graphite Announces Graphite Price Increase, Mill Restart
Northern Graphite Corporation has secured higher graphite prices for 2025 due to rising production costs. The Lac des Iles facility will restart operations on January 13 after maintenance, and the company aims to meet strong demand while increasing output for battery materials.
EMX Purchases Royalty Interest Over Hayasa's Urasar Project in Armenia
EMX Royalty Corporation has acquired a 0.625% NSR royalty interest in the Urasar gold-copper project in Armenia, in partnership with Franco-Nevada Corporation. They will pay a total of $1 million to Hayasa Metals for shared royalty interests and purchase warrants.
CanAlaska Plans Aggressive 2025 Exploration Program at West McArthur Joint Venture
CanAlaska Uranium Ltd. is launching a $12.5 million winter drill program to expand the ultra high-grade Pike Zone uranium discovery at the West McArthur Joint Venture and to explore high-priority areas at the Cree East project, fully funded for 2025.
Thunder Gold Identifies New Gold Zone at Surface: Includes 1.93 g/t Au over 54.2 Metres; 2.03 g/t Au over 15.0 Metres and 3.64 g/t Au over 10.5 Metres
Thunder Gold Corp has announced promising diamond drill core assay results from its Tower Mountain Gold Property in Ontario, revealing sustained gold grades across multiple drill holes. The results suggest significant gold resource potential, with mineralization starting at surface and remaining open in all directions.
Scottie Resources Intercepts 20.2 g/t Gold over 2.60m at Scottie Gold Mine O Zone
Scottie Resources Corp. reports promising new gold assay results from its 2024 drilling at the Scottie Gold Mine in British Columbia, highlighting significant gold intersections in the O, M, and N Zones and the new Golden Buckle Zone, aiding resource modeling.
Ivanhoe Electric and BHP Exploration Alliance Advance Exploration Activities in the Southwest United States
Ivanhoe Electric and BHP's Exploration Alliance is initiating a Typhoon™ survey in Arizona to explore hidden porphyry copper deposits. The alliance, with $15 million funding from BHP, focuses on six areas in the Southwest U.S. and aims to find critical metal sources.
Cabral Gold Reviews Progress During 2024 and Outlines Plans for 2025 at Cuiú Cuiú Gold District, Brazil
Cabral Gold Inc. reported significant advancements in 2024 at the Cuiú Cuiú gold district, including a high-grade discovery at Machichie NE, completion of a financially viable pre-feasibility study for an initial mining operation, and identification of a new gold target at Jerimum Cima.
Nuvau Minerals Inc. Provides Corporate Update and 2025 Objectives
Nuvau Minerals Inc. is advancing its exploration efforts at the Matagami Mining Camp in Quebec for 2025, following significant discoveries and strong financial support. The company aims to increase resources, with a focus on both base metals and untapped gold potential.
Dryden Gold Provides 2024 Summary to Shareholders
Dryden Gold Corp. reflects on a successful year with significant exploration and capital market activity, including a 9.9% equity investment from Centerra Gold. The company is fully funded for 2025, highlighting successful drill results and strategic marketing efforts.
Nexus Uranium Provides Update on Upcoming Winter Drill Program
Nexus Uranium Corp. is set to begin a winter drill program at its Cree East uranium project in Saskatchewan, focusing on testing various areas with historical uranium enrichment. The program follows extensive research and significant prior investment, aiming to enhance project understanding.
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